Finance Calculator
How to use this calculator
Enter the loan principal rather than the property price. Use the lender’s quoted annual rate and select the repayment tenure in whole years. Compare scenarios by changing one input at a time.
How the estimate is calculated
Uses a monthly reducing-balance EMI model. Interest is calculated on the remaining principal, with annual summaries of principal paid, interest paid, and closing balance.
Assumptions and exclusions
Assumes a constant rate and regular monthly payments. Floating-rate changes, prepayments, insurance, processing fees and other charges are excluded.